Investors' Soapbox PM

Avago Buy Follows Qualcomm's Move

Sterne Agee says the acquisition of Javelin will fill a gap for Avago.

April 30, 2013

Sterne, Agee & Leach

Avago Technologies announced the acquisition of Javelin Semiconductor.

Avago (ticker: AVGO) also noted that [closely held] Javelin is not material to its numbers. We believe this is primarily a technology acquisition into the silicon complementary metal-oxide-semiconductor (CMOS) market. Javelin has also had...